The Volta Regional Coordinating Council (VRCC), led by the Volta Regional Minister, Mr. James Gunu, has reaffirmed its commitment to deepening bilateral trade and investment ties between Ghana and China.
The tie was strengthened during the China (Guangdong)–Ghana 24-Hour Economic Policy and Business Cooperation Exchange Conference. The high-level conference, which brought together Ghanaian government officials, Chinese investors, and prominent traditional leaders including Togbe Afede XIV, Agbogbomefia of Asogli State, served as a platform to explore new frontiers of cooperation under Ghana’s flagship 24-hour economy initiative. Delivering his remarks, Mr. Gunu highlighted the strategic role of the Volta Economic Corridor Project, describing it as a transformative blueprint to unlock the immense potential of Volta Lake and its surrounding areas.
He noted that the project would focus on integrated development in agriculture, aquaculture, water transport, logistics, and industry, all aimed at creating sustainable employment, boosting exports, and fostering inclusive growth within the region and beyond. “The Volta Economic Corridor Project is not just a regional initiative — it is a national development driver that will attract global investment, especially from trusted partners like China,” Mr. Gunu emphasised.
Representatives of the Guangdong delegation, Mr. Chen Jiehua and Mr. Ye Zhenqin, reaffirmed China’s readiness to deepen cooperation with Ghana in industrialization, technology transfer, infrastructure, and energy development. They lauded the 24-hour economy policy as a visionary step to accelerate Ghana’s economic competitiveness. A major highlight of the event was the signing of a landmark Memorandum of Understanding (MoU) between Strategic Initiative Ltd., represented by Togbe Afede XIV, and HN Industry Group Ltd., witnessed by Mr. James Gunu.
The agreement paves the way for the introduction of a Chinese bank into the Ghanaian financial market and outlines pathways for strategic industrial partnerships that will stimulate investment, trade, and job creation. In addition, Togbe Afede announced another key milestone — the signing of an MoU between Asogli Power and the Electricity Company of Ghana (ECG) — reaffirming Ghana’s commitment to renewable energy development and sustainable power solutions.
The Volta Regional Coordinating Council commended these agreements as significant contributions to Ghana’s ongoing economic transformation agenda, noting that they align with the government’s vision to position the Volta Region as a strategic industrial and investment hub within West Africa.
Mr. Gunu expressed optimism that the deepened Ghana–China partnership will yield tangible benefits in infrastructure, trade, and energy development while opening new opportunities for local businesses and entrepreneurs in the Volta Region. “The Volta Region stands ready to partner with both local and international investors to drive industrial growth, innovation, and prosperity for our people,” the Minister concluded.